independent

Monday 14 October 2013

Good year for dairy farmers looks set to roll on into 2014 

The year has proven to be a good one for the dairy sector, thanks to tight milk supplies and robust demand. Global milk production had been constrained since 2012, first by cost hikes and falling milk prices and then, more recently, by unfavourable weather factors. New Zealand supplies, which had rocketed up 10pc in 2012, fell back dramatically this year, down by 7pc in June alone and by 1.3pc for the entire season.

 

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